Listed by CrownPoint Partners
$24,675,000
20-yr Absolute NNN Skilled Nursing Facility
Details
Property Type Office, Senior Living
Sub Type Medical Office
Square Footage 91,560
Cap Rate 7.76%
NOI $1,915,000
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 20
Rent Bumps Yes
Lease Options 2, 5-year
Price per SqFt $270
Class B
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
20-yr Absolute NNN Skilled Nursing Facility
Marketing description
PROPERTY HIGHLIGHTS
• 20 Year Absolute Net Lease
• Zero Landlord Responsibilities
• Fee Simple Ownership of Both Land and Building
• Corporate-Guaranteed Lease Backed by a Well-Established Operator
• 2% Annual Rent Increases
• Business-Friendly Environment With Continued Investment in Infrastructure, Retail, and Service-Oriented Development
Investment highlights
PROPERTY HIGHLIGHTS
• 20 Year Absolute Net Lease
• Zero Landlord Responsibilities
• Fee Simple Ownership of Both Land and Building
• Corporate-Guaranteed Lease Backed by a Well-Established Operator
• 2% Annual Rent Increases
• Business-Friendly Environment With Continued Investment in Infrastructure, Retail, and Service-Oriented Development
Listing Contacts
Listed by CrownPoint Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,915,000.00
$159,583.33/mo
Valuation Metrics
0
DSCR
7.76%
Cap Rate
7.76%
ROI
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